Saturday, July 30, 2022

Stock Market Update - July 29, 2022

This week ended with a glimmer of hope as the market bounced up a little bit. From a stage analysis perspective, we are still in stage 4 because the major indexes are still below their 30 week moving average and all the other indicators are also in the red.

Notable news include:

 
 

If we have another couple of good weeks, we may see the major indexes above their moving average...


 

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.